$1,800.00 in the Tokyo session. The precious metal is expected to continue its upside momentum amid an improvement in theThe risk profile has turned positive as investors are betting over a decline in the United States inflation ahead led by a slowdown in the extent of the US Personal Consumption Expenditure . A decline in consumption expenditure reflects that the demand by the households has been trimmed and will be offset by lower prices of goods and services.
Meanwhile, the Relative Strength Index has picked strength after dropping to near 40.00, which indicates that the downside is restricted.
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